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Prestige Group inks pact with E – Fasal
Indore. The Prestige Group of Industries, Indore, India’s leading soybean processing industrial group having its diversified business from animal feed milling plant to Soybean Processing Solvent Extraction Plant and edible oil refining industries in its bid to enable soybean farmers sell their crops directly to its animal feed and soybean extraction plants, has signed a memorandum of understanding (MoU) E – Fasal, an electronic farming solution company, connecting farmers directly to industries through its technology enable supply system.
Under the agreement, the Prestige Group for its Prestige Feed Mills and the Prestige Agro Product Limited, Dewas will have a direct linkage with over 50,000 farmers to procure soybean, wheat and other agriculture commodities from them directly, said Dr Davish Jain, President and Managing Director of the Prestige Group of Industries adding that the MoU will also facilitate farmers to sell their produce to industries directly and get a better price for their produce.
Dr. Jain signed the memorandum of understanding with Dr Ravindra Pastor, Co-Founder and CEO, E-Fasal in the presence of Ramesh Jain and other senior officials from both the companies.
Prestige group with its three state of the art soy processing units with an annual crushing capacity of 500,000 MT., provides international quality of Non-GMO Soybean Meal and Soy Refined Oil and exports its products to over 40 countries in the world.
Prestige Group, through its animal feeds plant, manufactures international standard animal feed and feed supplements.